Creating a farm succession plan can be complex for today's farmers. Studies indicate that comprehensive planning effort can lead to a greater sense of ownership in the farm operations, enable greater financial security for each family member who is dependent on the farm's earnings, and can assist with decision-making. How can a family begin this process and how can farmers find support for their particular circumstances?
The University of Wisconsin-Extension of Kenosha, Racine and Walworth counties are hosting a Farm Transition and Succession Planning Workshop on Sept. 25 from 8:30 a.m. – 4 p.m. at Western Racine County Service Center, 209 North Main Street, Burlington, WI 53105
The UW-Extension Farm Transition and Succession Planning Workshop targets Kenosha, Racine and Walworth County outgoing farmers, incoming farmers and agriculture land owners. Session topics include:
* Discussion of tax and legal consequences of farm transition and succession options from UW-Extension farm law specialists
* Hear advice and insights from a local farm family who has been successful in succession planning
* Begin/continue succession planning conversations with family members with support from trained UW-Extension facilitators
Costs for the workshop are $20 per person and $15 for each addition person from the same farm business.
For more information or to request a brochure, contact Amy Greil, UW-Extension Kenosha County Community, Natural Resource and Economic Development Educator at 262-857-1935 or download the promotional brochure from UW Extension, Kenosha County website.